News

Green projects

BREEAM In-Use for Neinver in Kraków

schedule 04 March 2014
Nathan North
managing editor (English section)

POLAND Futura Park Kraków has been awarded a BREEAM In-Use certificate.

Retail & leisure

H&M opens in Ostrołęka

schedule 04 March 2014
Nathan North
managing editor (English section)

POLAND Swedish fashion retailer H&M is to open a 1,530 sqm outlet in the Galeria Bursztynowa shopping centre in Ostrołęka.

Two rebranded DIY stores set to reopen

schedule 04 March 2014
Rafał Ostrowski
journalist

ROMANIA Kingfisher is to reopen two Brico Market DIY stores in Bucharest on March 14th, with one in the Carrefour Orhideea retail park and the other in the city’s Pantelimon district, local media reports.

Prospect’s good for LPP

schedule 04 March 2014
Rafał Ostrowski
journalist

UKRAINE Polish retail group LPP has leased 3,000 sqm for five of its shops in the Prospect shopping centre in Kyiv.

Investment & finance

Creative centre sold to Butembo

schedule 04 March 2014

ESTONIA The Telliskivi Loomelinnak creative centre in Tallinn has been sold for EUR 4.8 mln by the Eastern Europe Real Estate Investment Fund (EEREIF) to Swedish company Butembo, according to Estonian media.

Soros takes stake in IGD

schedule 04 March 2014

EUROPE Soros Fund Management, owned by the billionaire George Soros, has bought a 5 pct stake in Immobiliare Grande Distribuzione (IGD), the owner of Romanian shopping centre manager Winmarkt.

Investment & finance

IKEA planning to invest EUR 2 bln in Russia

schedule 04 March 2014
Rafał Ostrowski
journalist

RUSSIA Swedish furniture giant IKEA is planning to invest EUR 2 bln into its business in Russia by 2020.

Bricomarché under construction in Międzyrzecz

schedule 04 March 2014

POLAND Les Mousquetaires will this month be opening a 1,650 sqm Bricomarché DIY store on ul. Sienkiewicza in Międzyrzecz.

Many orders for Mirbud

schedule 04 March 2014
Aneta Cichla

POLAND Construction and development group Mirbud’s order portfolio for 2014 is worth PLN 800 mln.

Construction

Work begins on Laboratorium Centralne Cezamat

schedule 04 March 2014
Tomasz Szpyt-Grzegórski

POLAND The construction of the Laboratorium Centralne Cezamat nanotech and materials research centre has started.

Investment & finance

Plot for sale after litigation

schedule 04 March 2014
Tomasz Szpyt-Grzegórski

POLAND A 16.2 ha site at ul. Żwirki i Wigury 2b near the Fryderyk Chopin Airport in Warsaw is to be put up for sale.

Investment & finance

Twelve projects planned by Echo

schedule 04 March 2014
Tomasz Szpyt-Grzegórski

POLAND Echo Investment generated revenue of PLN 309 mln in 2013. This year the group is planning to start twelve projects, including six office developments and six residential estates.

Office & mixed-use development

Ekolan to build Enter

schedule 28 February 2014
Tomasz Szpyt-Grzegórski

POLAND Ekolan has started the construction of the Enter office building which is to be developed at ul. Śląska 47 in Gdynia.

Office & mixed-use development

New HQ for magazine publisher

schedule 28 February 2014
Tomasz Szpyt-Grzegórski

POLAND From March 2014, Platforma Mediowa Point Group (PMPG), including its subsidiaries and the weekly magazines that it publishes will occupy two floors (more than 1,200 sqm) in Batory Office Building II.

Office & mixed-use development

PHN looking to buy and sell

schedule 28 February 2014
Tomasz Szpyt-Grzegórski

POLAND The total value of the assets sold by Polski Holding Nieruchomości (PHN) in 2013 was almost PLN 70 mln.

Residential

Dom Development looks for investment land

schedule 28 February 2014
Tomasz Szpyt-Grzegórski

POLAND Residential developer Dom Development set aside PLN 150 mln for the purchase of new land in 2013 and is currently negotiating a number of acquisitions.

New logistics centre to be built near Wrocław

schedule 28 February 2014
Tomasz Szpyt-Grzegórski

POLAND Electronic goods distributor AB is to build a logistics centre in Magnice near Wrocław.

Construction

New offices for ŁARR

schedule 28 February 2014
Aneta Cichla

POLAND The foundation stone has been laid for the Wojewódzkie Centrum Biznesu i Przedsiębiorczości – the new headquarters of the Łódź Regional Development Agency (ŁARR) on ul. Narutowicza in Łódź.

Retail & leisure

Biedronka expands

schedule 28 February 2014
Aneta Cichla

POLAND This year Jerónimo Martins Polska, the owner of the Biedronka grocery chain, is planning to open app. 300 new stores with the majority to open in large cities in an investment of PLN 2.1 bln.

Property and Facility Management

BNP Paribas RE to manage six Budapest buildings

schedule 28 February 2014
Aneta Cichla

HUNGARY Immofinanz Group has appointed BNP Paribas Real Estate to manage six office buildings in Budapest with a combined area of more than 52,000 sqm.

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